Business

…Dangote Refinery, Neptune Oil Announce their first export transaction of Refined Products to Cameroon In a landmark move for regional energy integration, Dangote Refinery and Neptune Oil jointly announced the first-ever export of Premium Motor Spirit (PMS) from Dangote Refinery, Africa’s largest oil refinery, to Cameroon. This milestone, resulting from …

Justice Mojisola Dada of the Special Offences Court sitting in Ikeja, Lagos, on Thursday, December 12, 2024, adjourned till January 20, 2025 the arraignment of a former Managing Director of Assets Management Corporation of Nigeria AMCON, Ahmed Kuru, for an alleged N76bn and $31.5 million fraud. He is to be …

Ofadaboy, a renowned Nigerian food and culture ambassador, marked a significant milestone of 15 years of service and catering excellence with the successful hosting of the 6th edition of the Ofada Rice Day Festival. The event, themed “Ofadabration 2.0,” was attended by over 9,000 people, including representatives from the Canadian …

Nigeria’s leading payment service bank, MoneyMaster Payment Service Bank Limited (MMPSB) has been commended for its massive support for Lagos state’s ‘Ounje Eko’ initiative, a food price discount initiative to bring succor to residents of the state. The Lagos State Commissioner for Agriculture and Food Systems, Abisola Ruth Olusanya, made …

In a continuation of the Central Bank of Nigeria’s (CBN) increased scrutiny of fintech startups, two of the country’s most prominent unicorns, Moniepoint and OPay, were fined ₦1 billion each in the second quarter of 2024, sources with direct knowledge of the matter told TechCabal. While several other fintech companies …

The stage is set, the anticipation is palpable, and the excitement is already building as SIFAX Group unveils its lineup of top gospel artists for the much-anticipated 2024 SIFAX Group Thanksgiving and Night of Praise celebration, set to hold on Thursday, December 12, 2024, at the Lagos Marriott Hotel, Ikeja, …

  Nestlé Professional, the Out of Home business arm of Nestlé Nigeria and a leading provider of food solutions, recently introduced the Affordable Nutrition option, Maggi Soya Chunks, to food vendors, chefs and event planners during the Lagos edition of the Business of Food workshop.   Canteens, grillers, Maishais, and …

The leadership crisis in the Petroleum Tanker Drivers (PTD) Branch of Nigeria Union of Petroleum and Natural Gas Workers (NUPENG) deepened Wednesday when the drivers took a swipe at the former Chairman of PTD, Otunba Salimon Akanni Oladiti for making ‘inflammatory’ and ‘incendiary” comments against its National Chairman, Comrade Lucky …

In a spectacular celebration of Nigerian creativity and innovation, Stanbic IBTC Pension Managers’ FUZE Talent Show 3.0, Nigeria’s biggest talent extravaganza, is preparing for its most anticipated festival. Scheduled for Saturday, 21 December 2024 at the Livespot Entertarium in Lekki, the event promises to be a game-changing platform for unveiling …

At the Lagos prize-presentation ceremony for the ongoing Globacom “Festival of Joy” promotion on Thursday, a  civil contractor, Ayobami Adejumobi, was given the keys to a brand-new Toyota Prado. Other Glo subscribers also took home various prizes from the event, which took place at Gloworld, Adeola Odeku, Victoria Island, including …